Denmark: Market for Other Plastic Tubes, Pipes and Hoses 2024

Market Size for Other Plastic Tubes, Pipes and Hoses in Denmark

After two years of growth, the Danish market for other plastic tubes, pipes and hoses decreased by -3.5% to $X in 2022. Over the period under review, the total consumption indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +52.7% against 2019 indices. As a result, consumption attained the peak level of $X, and then reduced in the following year.

Production of Other Plastic Tubes, Pipes and Hoses in Denmark

In value terms, production of other plastic tubes, pipes and hoses stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 18% against the previous year. Production of peaked in 2022 and is expected to retain growth in the near future.

Exports of Other Plastic Tubes, Pipes and Hoses

Exports from Denmark

In 2022, overseas shipments of other plastic tubes, pipes and hoses were finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. In general, exports recorded a strong expansion. The pace of growth appeared the most rapid in 2017 with an increase of 64%. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, exports of other plastic tubes, pipes and hoses surged to $X in 2022. Over the period under review, total exports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when exports increased by 27% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Sweden (X tons), Germany (X tons) and Norway (X tons) were the main destinations of exports of other plastic tubes, pipes and hoses from Denmark, with a combined 76% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +31.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X), Germany ($X) and Norway ($X) were the largest markets for other plastic tubes, pipes and hoses exported from Denmark worldwide, with a combined 66% share of total exports.

In terms of the main countries of destination, Germany, with a CAGR of +17.7%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for other plastic tubes, pipes and hoses amounted to $X per ton, shrinking by -5.5% against the previous year. Overall, the export price saw a noticeable setback. The pace of growth appeared the most rapid in 2013 when the average export price increased by 18%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Faroe Islands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iceland (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Other Plastic Tubes, Pipes and Hoses

Imports into Denmark

In 2022, supplies from abroad of other plastic tubes, pipes and hoses increased by 9.5% to X tons, rising for the third consecutive year after two years of decline. In general, imports posted a strong expansion. The growth pace was the most rapid in 2015 when imports increased by 23%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of other plastic tubes, pipes and hoses rose markedly to $X in 2022. Overall, total imports indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +7.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.7% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 38%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Germany (X tons), Italy (X tons) and China (X tons) were the main suppliers of imports of other plastic tubes, pipes and hoses to Denmark, together comprising 55% of total imports. Switzerland, Sweden, the Netherlands, Belgium, France, India, Poland, the UK, Latvia and Norway lagged somewhat behind, together accounting for a further 42%.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of +52.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of other plastic tubes, pipes and hoses to Denmark, comprising 29% of total imports. The second position in the ranking was held by Italy ($X), with a 13% share of total imports. It was followed by Sweden, with a 10% share.

From 2012 to 2022, the average annual growth rate of value from Germany totaled +15.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+3.4% per year) and Sweden (+0.7% per year).

Import Prices by Country

The average import price for other plastic tubes, pipes and hoses stood at $X per ton in 2022, declining by -3.9% against the previous year. Over the period under review, the import price showed a slight setback. The pace of growth was the most pronounced in 2021 an increase of 32% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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